News

New Account-Based Cashless Gaming System For Turning Stone Resort and Casino

March 4, 2004

West Chester, Pa., January 29, 2004 - MEI, the world's leading developer of electronic payment systems, announced that its MEI CASHFLOW^®SC bill acceptor has been chosen by Standing Stone Gaming (SSG) as a key component of its revolutionary account-based cashless gaming system.  The system, currently in operation at the Oneida Indian Nation's Turning Stone Resort and Casino, will include the MEI technology in the next major upgrade targeted for Spring of this year.  "urn:schemas-microsoft-com:office:office" />

MEI's advanced bill acceptor technology combined with SSG's account-based system offers resort guests a convenient alternative to long cashier lines.  The bill acceptor will be integrated into intelligent kiosks located throughout the casino and will accept cash for replenishing guest gaming accounts.  The Linux-based kiosks interface with SSG's account-based system facilitating account transactions, service personalization, and cross-selling capabilities.

"MEI has been an active partner and has gone out of its way to work with us," said Chuck Angell, Director of Product Development for SSG.  "We chose MEI because of their superior bill acceptor technology and reputation for strong customer service.  MEI also assisted us with product recommendations to make our `wish list' a reality." 

Angell also cited several additional reasons for using MEI:

·        a removable head which makes the unit easy to clean and fix, eliminating the need to add additional service technicians;

·        an easily removable hopper;

·        dual locks for convenient cash counting;

·        a Security Window that helps eliminate customer disputes by making the last bill accepted visible;

·        an Escrowing feature that records all transaction details, which allows the casino to settle disputes without the security risk of opening the machine.

About MEI CASHFLOW SC Series Bill Acceptors

MEI CASHFLOW SC Series high performance bill acceptors provide advanced digital processing technology, algorithms and engineering.  It delivers ultra-high bill acceptance rates, superior security, greater cost efficiency and reduced maintenance costs.  Other features include a front USB service port, lensed receivers that scan 300% more bill surface with six wavelengths of light, and the industry's first dispute resolution window.

About Standing Stone Gaming

SSG is the technology arm and a wholly-owned business of the Oneida Indian Nation, which owns and operates the casino in Verona, New York.  The Nation owns various Intellectual Property associated with account-based gaming systems and gaming terminal technology innovations.  The Oneida Nation has been involved with cashless and coinless account-based gaming for many years and has patented its existing system.  SSG has developed a state-of-the-art coinless gaming system for the nation that offers customer and management features that clearly surpass those of legacy systems and also offers the necessary infrastructure required for Internet gaming. 

About Turning Stone Resort and Casino

Turning Stone, in the middle of a $308 million expansion, attracts more than 4.2 million guests a year and is among the top five tourist attractions in New York State.

About MEIToday, MEI payment systems are relied upon for more than1 billion transactions per week in 90 countries.  The company developed the first electronic coin mechanism in the 1960s followed by the first electronic bill acceptor, and today has the largest worldwide installed base of unattended payment mechanisms.  In 2002, MEI reached a company milestone of selling more than 3 million bill acceptors, 3 million coin mechanisms and 1 million control boards worldwide.  Its products are in widespread use in the vending, soft drink, gaming, amusement, transportation, retail, and kiosk markets.  For more information on MEI and its products, visit www.meiglobal.com/kiosks or call 1-800-345-8215.